SABRE FINANCE INC

EIN: 465457673 501(c)(3) Community Improvement

BIRMINGHAM, AL

Total Revenue
$1,375,830
Total Expenses
$1,525,252
Total Assets
$10,702,555
Net Assets
$3,702,232
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
AL
Principal Officer
RAY MORRIS
Phone
2056904906
Tax Period
2023-07-01 to 2024-06-30

Sabre Finance, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $285K in total revenue in fiscal year 2017. Revenue surged 270% from the prior year, signaling strong growth momentum. Expenses of $265K left a modest 7% surplus.

Mission

TO STIMULATE ECONOMIC DEVELOPMENT THROUGH THE PROVISION OF FINANCIAL AND TECHNICAL ASSISTANCE TO SMALL AND MEDIUM-SIZED BUSINESSES, PARTICULARLY THOSE LOCATING OR WISHING TO LOCATE IN DISTRESSED AREAS OF ALABAMA IN GENERAL AND THE BIRMINGHAM REGION SPECFICALLY.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $701,144
Program Service Revenue $674,686
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,375,830

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,030,024
Fundraising Expenses $0
Program Expenses $1,205,020
Other Expenses $495,228
TOTAL EXPENSES $1,525,252

Year-over-Year Comparison

2023 2022 Change
Revenue $1,375,830 $1,669,572 -0.2%
Expenses $1,525,252 $1,722,899 -0.1%
Net Income $-149,422 $-53,327 +1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
7
Independent Members
7
Employees
9
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM BYRAM CHAIR 1.00
Director
$0 $0 $0
THOMAS R MAULDIN MEMBER 1.00
Director
$0 $0 $0
AKHLAQUE HAQUE PHD VICE CHAIR 1.00
Director
$0 $0 $0
CHARLES BALL SECRETARY/TREASURER 1.00
Director
$0 $0 $0
MICHAEL CRANE MEMBER 1.00
Director
$0 $0 $0
ALLISON MCGUIRE MEMBER 1.00
Director
$0 $0 $0
RAY MORRIS PHD CHIEF EXECUTIVE OFFICER 40.00
Officer Director
$0 $0 $0
SAMUEL KELLETT CHIEF OPERATING OFFICER 40.00
Officer
$0 $0 $0
AMY BRADFORD DIRECTOR OF FINANCE 40.00
Officer
$0 $0 $0
BRIAN O'DELL PAST DIRECTOR OF FINANCE 40.00
Officer
$0 $0 $0
CHRISTOPHER K NORMAN VETERAN'S BUSINESS ADVISOR 40.00
Highest
$105,000 $7,252 $112,252
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,375,830 $1,525,252 $10,702,555 $-149,422
2023 $1,669,572 $1,722,899 $9,266,668 $-53,327
2022 $1,767,213 $1,301,668 $6,932,040 $465,545
2021 $1,695,074 $800,688 $6,233,510 $894,386
2020 $649,102 $634,376 $5,158,850 $14,726
2019 $553,504 $697,285 $3,344,324 $-143,781
2018 $285,007 $265,180 $3,124,195 $19,827
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